Word: venezuela
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Dates: during 2000-2009
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...think of the Organization of Petroleum Exporting Countries - OPEC, the world's most powerful energy cartel - they usually envision Arab sheikhs lording over oil drills in the desert. But the organization's more important home today arguably lies half a world away among the lush hills and beaches of Venezuela, which has the hemisphere's largest oil reserves...
...Since leftist President Hugo Ch?vez began convincing the cartel's 11 member nations (of which Venezuela is a founder) to rein in world oil supply again after he took office in 1999, the price of crude has lept from less than $10 per barrel to a record $70-plus today. So Ch?vez is using the occasion of hosting a major OPEC meeting this week to trumpet the new mojo he's helped give OPEC - as well as to lobby to bring oil-producing neighbors like Ecuador into OPEC. "This OPEC meeting holds a lot of meaning for us," says Ch?vez...
MORALES We have partnerships with U.S., European and Mexican companies as well as with Venezuela. The difference between Venezuela and other countries is that Venezuela supports us unconditionally, while countries like the U.S. always impose so many conditions in exchange for aid or credit...
MORALES Globalization and the neoliberal economic model have already been rejected in Latin America; it simply hasn't been a solution for our people. At the same time, Latin countries like Venezuela and Argentina are anti-imperialist and antiglobalization, and yet their economies are growing again. Globalization creates economic policies where the transnationals lord over us, and the result is misery and unemployment. I think the success of Bolivia's nationalization will be evident soon--and then the whole world will want to nationalize its energy resources...
...major powers. Oliver Hauss Dortmund, Germany time's story on Venezuelan President Hugo Chávez made plain that the country's 26 million people are subjected to the desires of a tyrant. With all the loans, oil discounts and financing deals that Chávez grants to Venezuela's neighbors by way of increasing his political muscle, he has truly given away the shirt off our backs, although not his own. Poverty, hunger and crime have risen, while housing and hospitals have suffered. Is Chávez crafty or demented? He is only influential because he hands out money...